The Yonkers Industrial Development Agency has granted preliminary approvals for an incentives package in support of a new 14-story residential building. Located within the Monarch at Ridge Hill planned community, the tower will debut as Horizon at Ridge Hill and is the community’s third residential tower.
Today’s housing lottery round-up features six buildings in Brooklyn, Manhattan, Queens, and The Bronx with available affordable units on Housing Connect with deadlines closing within the next seven days.
Construction is complete on The Artisan, a 26-story residential building at 180 Broome Street on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Delancey Street Associates, which is made up of BFC Partners, L+M Development Partners, Taconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the building contains 263 residences ranging from studios to three-bedroom apartments. The project is part of the 1.9-million-square-foot Essex Crossing master plan and is bound by Delancey Street to the north, Clinton Street to the east, Broome Street to the south, and Suffolk Street to the west.
New York State has officially launched the second phase of major enhancements to the interchange of Bruckner Expressway and Bruckner Boulevard in Hunts Point, the South Bronx. Known as the Hunts Point Access Improvement Project, Phase Two includes rehabilitation to existing roadway infrastructure, the enhancement of public safety on local streets by strategically reducing truck traffic, and the construction of a new shared walkway and bike path on Bruckner Boulevard between 138th Street and Barretto Street.
Developer Eastone Equities is planning to develop an eight-story mixed-use residential building in Flushing, Queens. Located at 142-26 and 142-38 Roosevelt Avenue, the structure will hold 40,000 square feet of residential space, 33,000 square feet of commercial space, and two sub-grade levels of parking. This week Columbia Pacific Advisors Bridge Lending announced it has secured a $15 million loan to refinance the development.